Ocean Visuals AS is a Norwegian AS based in Oslo, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2012, the company reported revenue of NOK 10.5m in its latest annual filing.
| Revenue | 10.5M NOK | +81% |
| EBITDA | 1.2M NOK | +123% |
| Net profit | 0.1M NOK | +102% |
| Total assets | -0.1M NOK | -106% |
| Equity | -10.1M NOK | +1% |
| Employees | — | — |
In its most recent annual report (2025), Ocean Visuals AS reported revenue of NOK 10.5m, an increase of 81% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 92.0k, and the EBITDA margin stood at 11.4%.
At the end of 2025, current assets covered short-term debt -0.3 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 10,539 | 5,837 | 198 | 1,513 | 19 |
| Staff expenses | -0 | -2,379 | -9 | -41 | -2 |
| EBITDA | 1,200 | -5,142 | -2,180 | -78 | -1,076 |
| Depreciation & amort. | -511 | -531 | -526 | -526 | -779 |
| EBIT | 689 | -5,673 | -2,706 | -604 | -1,855 |
| Net financials | -597 | -392 | -182 | -204 | -1 |
| Profit before tax | 92 | -6,065 | -2,888 | -808 | -1,856 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 92 | -6,065 | -2,888 | -808 | -1,856 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | -136 | 2,442 | 2,543 | 4,629 | 4,084 |
| Equity | -10,086 | -10,178 | -4,113 | -1,225 | -417 |
| Long-term debt | 4,667 | 6,000 | 2,055 | 0 | 0 |
| Short-term debt | 5,283 | 6,620 | 4,601 | 5,854 | 4,500 |
| Total debt | 9,949 | 12,620 | 6,656 | 5,854 | 4,500 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
CT Chief Executive Officer | Chief Executive Officer | 2014 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
BH Chairman | Chairman | 2018 |
SB Board of Directors | Board of Directors | 2018 |
LP Board of Directors | Board of Directors | 2018 |
CT Board of Directors | Board of Directors | 2018 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 39.43% | 39.43% | 2024 | |
Ldi Innovation O | Company | 19.15% | 19.15% | 2025 |
| Company | 7.94% | 7.94% | 2023 | |
| Company | 7.48% | 7.48% | 2023 | |
| Company | 6.96% | 6.96% | 2023 | |
| Company | 4.59% | 4.59% | 2023 | |
| Company | 3.82% | 3.82% | 2023 | |
| Company | 3.48% | 3.48% | 2023 | |
Ldi Innovation Oû | Company | 19.15% | 19.15% | 2021 |
| Company | 37.25% | 37.25% | 2021 | |
Ldi Innovation O | Company | 19.15% | 19.15% | 2023 |
| Person | Role here | Other companies |
|---|---|---|
| Bjørnar Huse | Chairman | 18 companiesMany roles |
| Christian Testman | Chief Executive Officer | 10 companiesMany roles |